Phillips 66 Expansion Signals Stronger Propane Supply Outlook for Distributors


New Processing Capacity Could Improve Market Stability for Propane Businesses Propane retailers have spent the past several years navigating supply uncertainty, transportation bottlenecks, and unpredictable seasonal demand. Now, a major infrastructure investment by Phillips 66 could help strengthen the supply chain and improve market flexibility for years to come. The company recently announced plans to… Continue reading Phillips 66 Expansion Signals Stronger Propane Supply Outlook for Distributors

EIA Forecast Predicts Lower Propane Heating Costs This Winter


The U.S. Energy Information Administration (EIA) recently released its winter energy outlook, projecting a notable divergence in heating costs across the major fuel types. According to the forecast, propane and natural gas heating costs are expected to decline, while electric heating may become slightly more expensive compared to last year. Propane users, in particular, could… Continue reading EIA Forecast Predicts Lower Propane Heating Costs This Winter

Tensions Abroad, Ripples at Home: How the Iran-Israel War Could Impact the Propane Industry


As the conflict between Iran and Israel escalates, industries across the globe are bracing for the ripple effects – energy markets most of all. While the United States does not import propane from either country, the war has already begun influencing the broader energy landscape. For propane businesses, retailers, and consumers, these geopolitical developments are… Continue reading Tensions Abroad, Ripples at Home: How the Iran-Israel War Could Impact the Propane Industry

DataHorizzon Research Report Reveals Strong Growth Trajectory for the Propane Market


Fort Collins, Colorado – DataHorizzon Research, a leading provider of market intelligence, has recently published an insightful report titled, “Propane Market Size, Growth, Share, Statistics Report, By Form (Liquid and Gas), By End-use (Industrial, Commercial, Residential, Transportation, Agriculture, Chemicals, and Refineries), By Region, and Segment Forecasts, 2023-2032.” According to DataHorizzon Research, the global propane market… Continue reading DataHorizzon Research Report Reveals Strong Growth Trajectory for the Propane Market

Analysis: Propane Market Trends and Pricing Outlook for Summer 2023


The propane market has experienced notable fluctuations recently, with prices reminiscent of the lows observed in November 2020 during the height of the COVID-19 pandemic. As the summer solstice marks a turning point, it is helpful to examine the factors that influence propane prices moving forward. While no single factor can entirely predict price direction,… Continue reading Analysis: Propane Market Trends and Pricing Outlook for Summer 2023